Hermes reports strong Q2 with sales up 7.2% Performance was driven by strong demand in Asia and the Americas. Hermes moved to increase its production capacity during the quarter with the opening of several new manufacturing facilities. Read more.
London-based grab and go concept Pod reports H1 like-for-like sales growth of 7% EBITDA rose by 11% while the company's delivery business saw sales rise by 36%. The results mark a turnaround from a difficult start to 2017 when the company reported an overall EBITDA loss. Read more.
Carrefour acquires French organic produce retailer So.bio Carrefour sees the acquisition as a key plank in its broader strategy to reach €5bn in organic products sales. The retailer plans to expand So.bio's store network and integrate its ranges into its own stores. Read more.